Rent house burned down. It was a total lose. Insurance money was paid out and I'm coming out ahead by $40,000. Will I need to pay taxes on the gain next year? If so, is there a way to avoid paying taxes?

I’ve been a BP member for a couple of years now. First started using it a couple of years back when I started investing and buying MF properties, bought 7 properties in a year and had 35 units rented. It was a great r...

HI BP!I took the advice from one of the most recent podcasts and found a building that had been on the market for a while - and flat out called the agent to learn more about the property. (More so as an exercise, but ...

Hey guys my name is Byron I am new to the Bigger Pockets forum although I am a avid listener to the podcast I wanted to drop in and introduce myself I am 27 years old (new investor) just bought my second property, and...

I have heard this for sooooo long. It is such a popular equation, it has almost become a rule. People get mad if there is a property offered at less than 70% of ARV minus repairs. The fact of the matter is, that while...

Can anyone recommend an investor-friendly closing attorney in Charlotte, North Carolina ? That's familiar with assignments and back to back closings. I searched here and didn't find an answer. Or can point me to wher...

Investment Info:

Single-family residence buy & hold investment.

Bought this single family home with the purpose of house hacking. Rehabbed the property to add another bathroom and bedroom. I now have 2 r...

So, how can I get a good "hands on" wholesaler coach. I need someone that will really let me learn by doing or working with them. I do have someone that might let me work with him, but I want to know a way I can make ...

If you think about your career and your journey to build wealth over a long time horizon, this is still the strategy that I like most:
1. Start a business that produces cashflow.
2. Use your personal cashflow to buy...

Hey Guys -

We'll soon be releasing the new BiggerPockets site redesign for everyone to use, but before we did, I wanted to share our new promo video with you which contains a sneak peek of the site.

I t...